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Injunctions

  • Wong Partnership
  • -
  • Singapore
  • -
  • October 27 2010

Where a Mareva injunction issued a defendant restrains the defendant from disposing of or dealing with assets in or outside of Singapore up to a specified value, the restraint applies to all assets of the defendant up to that specified amount and is not limited to just those assets disclosed by the defendant

Issues of corporate governance arising from Skandinaviska Enskilda Banken AB (Publ), Singapore Branch v Asia Pacific Breweries (Singapore) Pte Ltd & Anor

  • Wong Partnership
  • -
  • Singapore
  • -
  • October 4 2011

In Skandinaviska Enskilda Banken AB (Publ), Singapore Branch v Asia Pacific Breweries (Singapore) Pte Ltd & Anor 2011 SGCA 22, the Singapore Court of Appeal had to consider the claims of two banks ("plaintiffs") against Asia Pacific Breweries (Singapore) Pte Ltd ("APBS") for the repayment of loans disbursed due to the fraud of its employee, Chia Teck Leng ("Chia"